Evoqua Earns Acclaim from Frost & Sullivan as the Company of the Year in the Water Technology Solutions Market
Evoqua's well-configured fleet of IT-enabled treatment systems can deploy rapidly to restore water services with minimal disruptions to the industrial operations
SANTA CLARA, California, May 1, 2018 /PRNewswire/ -- Based on its recent analysis of the global water technology solutions market, Frost & Sullivan recognizes Evoqua with the 2018 Global Company of the Year Award. It has earned this recognition for its strong revenue growth in 2017, its focus on the customer experience, and advanced water and wastewater treatment technologies for a variety of applications in the municipal and industrial sectors.
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"Evoqua's extensive product portfolio of treatment technologies, covering intake screens and activated carbon filtration to dewatering and odor and corrosion control, makes it not just a leading provider of individual technologies but an integrated system and service provider," said Fredrick Harry Royan, Vice President at Frost & Sullivan. "Formerly Siemens Water Technologies, Evoqua has accrued 1,250 patents for water solutions in the municipal, industrial, and institutional segments."
Evoqua had the following outstanding achievements throughout 2017, leading to its prominent market position:
- An order for 19 miles of its patented Envirex high-strength loop chain for installation at Detroit's wastewater treatment plant (WWTP)
- The introduction of a service solution for its electro chlorination systems; the service was extended to the products of other suppliers
- A contract to supply its MemPulse membrane bioreactor (MBR) system at the Start City WWTP
- An order to supply 18 of its rotating biological contactors for the Port Chester, NY WWTP
- The Alkagen AQ Solution was selected for odor control at Siesta Key WWTP
- Its selection by Boeing to supply water treatment services at its 19 facilities
- It acquired Noble Water Technologies and ADI Systems to cement its industry-leading position, especially in the North American market
- It acquired the Olson Irrigation System to enter the agriculture and irrigation segment
Another important feature of Evoqua's success is its ability to stay ahead of the technology curve. It has responded to the increasing digitization of the water treatment industry by adopting Internet of Things (IoT) technology. It also uses remote technology to engage with customers more effectively. For instance, it analyzes information to identify potential issues with its systems, which enables it to prepare to deploy either temporary technologies or emergency services for unexpected events.
"Evoqua's value lies in being a life cycle partner to its customers, predicting their needs, and offering suggestions ahead of time. Although IoT is useful in this respect, it is the company's industrial expertise that has held it in good stead," noted Royan.
Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.
Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.
About Evoqua Water Technologies
Evoqua Water Technologies is a leading provider of mission critical water treatment solutions, offering services, systems and technologies to support its customers' full water lifecycle needs. Evoqua Water Technologies has worked to protect water, the environment and its employees for more than 100 years, earning a reputation for quality, safety and reliability around the world. Headquartered in Pittsburgh, Pennsylvania, Evoqua operates 160 locations in eight countries and, with over 200,000 installations and 87 service branches, holds leading positions in the North American industrial, commercial and municipal water treatment markets, serving more than 38,000 customers worldwide. For more information, visit www.evoqua.com
Contacts:
Media
Kevin G. Lowery
724-772-1527 (office)
724-719-1475 (mobile)
kevin.lowery@evoqua.com
Investors
Dan Brailer
724-720-1605 (office)
(412) 977-2605 (mobile)
dan.brailer@evoqua.com
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community. Contact us: Start the discussion.
Contact:
Samantha Park
P: 210.247.2426
F: 210.348.1003
E: samantha.park@frost.com
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